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economy and beyond. it's estimated without the deal the government could run out of money to pail its bills as early as mid-february. the president said the idea of refusing to raise the debt ceiling is irresponsible and absurd. >> republicans in congress have two choices here. they can act responsibly and pay america's bills are act irresponsibly and put america through another economic crisis. but they will not collect a ransom for not crashing the american economy. >> shep: they say they won't support raising the debt limit and there a battle line. the debt ceiling is the maximum amount of money that the united states can borrow. the law requires congress to control and authorize any money needed to pay for federal programs. debt ceiling was introduced way back in world war one. it was meant to give the treasury department more spending at that time. wendall goler, the president seemed that he was willing to call the republicans' bluff on this thing. >> he won't collect ransom for not collecting it on
economy and beyond. it's estimated without the deal the government could run out of money to pail its bills as early as mid-february. the president said the idea of refusing to raise the debt ceiling is irresponsible and absurd. >> republicans in congress have two choices here. they can act responsibly and pay america's bills are act irresponsibly and put america through another economic crisis. but they will not collect a ransom for not crashing the american economy. >> shep: they...
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Jan 21, 2013
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you can do it without tanking the economy. you have to be careful. >> can you hold hands with elizabeth warren? >> she is a great reader of biographies in history. >> book club. >> thank you. >>> you on this afternoon? >> theoretically: >> still ahead, look who is coming. this is exciting. >> former secretary of state colin powell. you are watching "morning joe" live on inauguration day in washington, d.c. we'll be right back. look, if you have copd like me you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, eve
you can do it without tanking the economy. you have to be careful. >> can you hold hands with elizabeth warren? >> she is a great reader of biographies in history. >> book club. >> thank you. >>> you on this afternoon? >> theoretically: >> still ahead, look who is coming. this is exciting. >> former secretary of state colin powell. you are watching "morning joe" live on inauguration day in washington, d.c. we'll be right back. look,...
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Jan 18, 2013
01/13
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number one fix the economy, create jobs. first two were that and the message to congress was almost unanimous. compromise together. >> yes. >> so we know where the public is. >> right. the public wants results and they want results in their jobs, in their lives. they want the government just to work better. and i think that is the big disconnect right now with washington because, you know, republicans are wondering how much leverage they have to force the president to deal with spending, for instance. do they sort of wait him out and hope for a positive result in 2014 and use whatever leverage over the del ceiling or whatever else but the public finds it so distasteful. the president too on issues like entitlement, i think it's really striking, will he seek to rise above how difficult it is that he doesn't feel he's got a negotiating partner to try to get something done on entitlements? if he wants robust economic growth he'll have to. we will have a debate over guns and the debt between ted cruz, fresh face, tea party face
number one fix the economy, create jobs. first two were that and the message to congress was almost unanimous. compromise together. >> yes. >> so we know where the public is. >> right. the public wants results and they want results in their jobs, in their lives. they want the government just to work better. and i think that is the big disconnect right now with washington because, you know, republicans are wondering how much leverage they have to force the president to deal...
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Jan 17, 2013
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the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink country is not better off than it was four years ago. and that the struggling economy continues to take a toll on families. median household income is lower than it was in 2009. and 46 million americans live below the poverty line. several million more than four years ago. the federal public debt has increased from 10.6 trillion in january 2009 to 16.4 trillion now. then there's the big number that's exactly the same as it was four years ago. the unemployment rate. 7.8%. though it's down from, of course, a high of 10% in october of 2009. few o
the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink...
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Jan 16, 2013
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economy. we do know that bad things probably happen. we also assume that house republicans at the end of the day will blink on this. i just would not make that assumption. i would look back to that tax vote after christmas. three-quarters of the republican party did not go along with speaker boehner on the compromise on increasing taxes. these guys don't care what leadership has to say about this issue. they want to shrink government. they were elected to shrink government. and whether it's defaulted, whether it's shutting down the government, whether it's allowing sequestration to kick in, they're going to make it happen in the next couple of months. and nobody knows how that will play out. >> we may just find out what happens when we reach the debt limit. jim, in spite of what the white house's grand plans for gun reform may be, there still may be not a lot of backing in congress. if you look at even republicans in the midwest and republicans in the north, how does this play out right now in congress? >> well, right. there's going to
economy. we do know that bad things probably happen. we also assume that house republicans at the end of the day will blink on this. i just would not make that assumption. i would look back to that tax vote after christmas. three-quarters of the republican party did not go along with speaker boehner on the compromise on increasing taxes. these guys don't care what leadership has to say about this issue. they want to shrink government. they were elected to shrink government. and whether it's...
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Jan 15, 2013
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economy is, quote, not yet out of the woods. the nation's top banker says avoiding the fiscal cliff was good, especially since the alternative would have probably been another recession. but he says there's more work ahead, such as raising the debt ceiling so the government can pay its bills. >>> coca-cola is running spots on cable television that say it's doing its part on obesity. the ads point out that more than one-fourth of its beverages are low-calorie. and burning off the 180 calories from a can of coke can be fun. critics say the commercials minimize the issue and are just damage control. >>> apple is on fire over its stock slump. shares are down to about $500, off almost one-third since last september. the stock peaked at more than $700 when the iphone 5 was announced. sales of the phone are pretty weak, putting pressure on apple to develop a cheaper version. >>> and another darling of silicon valley is promising a big announcement today. but facebook isn't saying exactly what all this is about. most observers think it
economy is, quote, not yet out of the woods. the nation's top banker says avoiding the fiscal cliff was good, especially since the alternative would have probably been another recession. but he says there's more work ahead, such as raising the debt ceiling so the government can pay its bills. >>> coca-cola is running spots on cable television that say it's doing its part on obesity. the ads point out that more than one-fourth of its beverages are low-calorie. and burning off the 180...
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Jan 14, 2013
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clearly they do that, but these are the things you want to built towards the 21st century economy. to say it's pork, to say it's just relief is foolish when we're really talking about how we get to a 21st century economy. >> now, a lot of us were shocked to see what happened in lower manhattan with the subways, and, you know, we know the affect of salt water on the subways, but the fact that the subway says could be flooded as they were, that's just one example, but elsewhere we see hong kong, the netherlands, singapore now making efforts. what do we need to learn about our electrical systems, about our transportation systems, and about what to do especially as climate change is going to affect places that are as vulnerable as lower manhattan? >> well, the subway system actually lifted some of the engines because we had 24 hours or 48 hours to actually prepare for the onslaught of this storm, but away we're seeing around the world and what we're seeing and recommending here is a series of things that would have inflatable tubes in the tunnels, would have automatic vent closures tha
clearly they do that, but these are the things you want to built towards the 21st century economy. to say it's pork, to say it's just relief is foolish when we're really talking about how we get to a 21st century economy. >> now, a lot of us were shocked to see what happened in lower manhattan with the subways, and, you know, we know the affect of salt water on the subways, but the fact that the subway says could be flooded as they were, that's just one example, but elsewhere we see hong...
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Jan 15, 2013
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but they will not collect or ransom in exchange for not crashing the america economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serious, are important. spending issues. but this is -- he's got them again. >> here's the problem with the republican party being owned by extremists on issues not related to the debt. let me tell you something, the president of the united states, it's laughable that he would talk about republicans not being responsible on debt issues when this president has been in the white house since january the 20th, 2009, and he has yet to do anything significant on social security or medicare. he cut medicare, so he could start a new entitlement program. that's not making medicare more solvent. he hasn't done anything to curb the costs
but they will not collect or ransom in exchange for not crashing the america economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serious, are important. spending issues....
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Jan 13, 2013
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they pushed the economy to the edge of the fiscal cliff and they threatened to make the u.s. go into default or shut down the government if they don't get policy concessions. they fiercely oppose potential picks for obama's cabinet from susan rice, of course, to people who withdrew to people who had strong gop support up until they were affiliated with president obama like chuck hagel and jack lew and republicans delayed 85% of the planned relief funding for hurricane sandy. that, of course, drew a strong rebuke from republican governor chris christie. this is not politics devoted to a competing vision. this is politics devoted to digs corruption and obstruction, and those recent fights i mentioned don't even include the explosion of minority obstruction in the u.s. senate. the filibuster has been used against more of obama's legislation than any president in history. the bottom line is that the gop is exploiting what i think is a hole in our democracy. can you lose elections and still get your way now if you don't care about responsibly governing. of course, it's hard to get
they pushed the economy to the edge of the fiscal cliff and they threatened to make the u.s. go into default or shut down the government if they don't get policy concessions. they fiercely oppose potential picks for obama's cabinet from susan rice, of course, to people who withdrew to people who had strong gop support up until they were affiliated with president obama like chuck hagel and jack lew and republicans delayed 85% of the planned relief funding for hurricane sandy. that, of course,...
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Jan 21, 2013
01/13
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i don't think the problem is the trajectory of the economy. i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture, undermine confidence, lower the valuations of u.s. companies because people just have less confidence in the long-term trajectory. >> and jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right? the last four years, in your view? what could he have done better or has he done wrong? >> four years ago right around this time when i was a member of the administration's economics team, i was remembering the juxtaposition of great hope and expectations and the real horror of what was going on in macroeconomy. gdp contracting at 9%. i think the president came in and hit very hard and broke the back of the great recession a lot sooner than people expected. certainly the financial markets were reflated much more quickly and at less expense than people expected.
i don't think the problem is the trajectory of the economy. i think the question is how much will these issues from washington, whether it's the debt ceiling, the sequester, the lingering uncertainty over the long-term budget picture, undermine confidence, lower the valuations of u.s. companies because people just have less confidence in the long-term trajectory. >> and jared, president obama starts his second term next week. his inauguration, of course, monday. what has he done right?...
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Jan 18, 2013
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the economy has stunk for the better part of five years. >> i'm an optimist. to prove it i'll go out right after the show and buy a new pair of sneakers right now today because of that. just because of what you said. >> chucks. >> the problem is this set is like a super fund site, just like toxic around here. >> oh, brian. thanks very much. >> good luck, everybody. >> thanks. >> looking ahead to monday morning, "morning joe" and "way too early" both live from the dubliner in washington, d.c. for the president's inauguration. come join us live starting at 5:30 a.m. morning papers up next. [ man ] i've been out there most of my life. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes, i actually think it's mocking me. [ engine revs ] what?! quattro!!!!! ♪ this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may
the economy has stunk for the better part of five years. >> i'm an optimist. to prove it i'll go out right after the show and buy a new pair of sneakers right now today because of that. just because of what you said. >> chucks. >> the problem is this set is like a super fund site, just like toxic around here. >> oh, brian. thanks very much. >> good luck, everybody. >> thanks. >> looking ahead to monday morning, "morning joe" and "way too...
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Jan 20, 2013
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the state of the economy calls for action, bold and swift. we will act not only to create new jobs, but to lay a new foundation for growth. we will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. we'll restore science to its rightful place and wield technology's wonders to raise health care's quality and lower its costs. we'll harness harness the sun and the winds and the soil to fuel our cars and run our factories. and we will transform our schools and colleges and universities to meet the demands of a new age. all this we can do. all this we will do. now, there are some who question the scale of our ambitions, who suggest that our system cannot tolerate too many big plans. their memories are short. they have forgotten what this country has already done, what free men and women can achieve when imagination is joined to common purpose and necessity to courage. what the cynics that to understand is that the ground has shifted beneath them, that the stale political arguments that ha
the state of the economy calls for action, bold and swift. we will act not only to create new jobs, but to lay a new foundation for growth. we will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. we'll restore science to its rightful place and wield technology's wonders to raise health care's quality and lower its costs. we'll harness harness the sun and the winds and the soil to fuel our cars and run our factories. and we will...
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Jan 18, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses living with moderate to semeans living with pain.is it could also mean living with joint damage. humira, adalimumab, can help treat more than just the pain. for many adults, humira is clinically proven to help relieve pain and stop further joint damage. humira can lower your abilitto fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certai
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses living with moderate to semeans living with pain.is it could also mean living with joint damage. humira,...
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Jan 20, 2013
01/13
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. turn your world upside down with gillette fusion proglide because you can shave against the grain with comfort with our thinnest blades. our most comfortable shave or twice your money back. gillette, the best a man can get. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> if i'm comments from brit hume and chris wallace. what do you expect to see, not just tomorrow, but what is this really setting us up for? approximate brit? >> i think what may turn out to be the most important political development of the week was the announcement that obama organizing for america, the obama op
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. turn your world upside down with gillette fusion proglide because you can shave against the grain with comfort with our thinnest blades. our most comfortable shave or twice your money back. gillette, the best a man can get. [ male announcer ] how do you...
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Jan 14, 2013
01/13
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above all, a still weak economy. he faces a world in flux and in crisis from iran and syria to north korea and china. perhaps most visibly, he faces a domestic political deadlock that seems to overshadow all else. with this hand what can he do? what will he do? i've asked for advice from the states men and women who have stood beside presidents as they have made their most difficult decisions, from republicans like james baker -- >> we didn't have a dollar, a de facto reserve currency in the world, we would be greece. >> robert rubin. >> in a democracy you can only move forward if both sides are willing to come together to govern. >> and independents like michael bloomberg. >> when you have jobs that we need to get done but americans won't take, letting the crops rot or letting the farms move south of the border is just insanity. >> at the end i'll write my own memo to the president. let's get started. >>> while most of the world was ringing in the new year with revelrie, the united states congress rang it in with an
above all, a still weak economy. he faces a world in flux and in crisis from iran and syria to north korea and china. perhaps most visibly, he faces a domestic political deadlock that seems to overshadow all else. with this hand what can he do? what will he do? i've asked for advice from the states men and women who have stood beside presidents as they have made their most difficult decisions, from republicans like james baker -- >> we didn't have a dollar, a de facto reserve currency in...
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Jan 18, 2013
01/13
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MSNBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses iimagine living your life withss less chronic low back pain.. imagine you with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin or blood thinners may increase bleeding risk. severe li
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses iimagine living your life withss less chronic low back pain.. imagine you with less pain. cymbalta can...
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Jan 20, 2013
01/13
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CNN
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the economy, democrats might object when i say this, but the economy more than republicans were the president's enemy in the first time. no money coming in, no room to maneuver. >> he's got one fight after another coming up, although we've put off one fight a couple months, and the president has to get over that in order to get to the rest of his agenda, and the question i have is whether the president is going to actually anger some of his liberal team by making those commitments on entitlement cutbacks on medicare, for example, in particular in order to get to the rest of his agenda and to david's point, to keep the economy chucking along. >> does he see that, david, as central though? i mean, to so many people in the business community, it does seem central. if you don't put out a plan for entitlement reform, you can't get long-term growth in the economy, you srm can't, because there's too many unknowns and strangle holds that are going to hit the economy. does he see it that way or does he not see that risk? >> i think that's a really good question because at the end of the day i think the
the economy, democrats might object when i say this, but the economy more than republicans were the president's enemy in the first time. no money coming in, no room to maneuver. >> he's got one fight after another coming up, although we've put off one fight a couple months, and the president has to get over that in order to get to the rest of his agenda, and the question i have is whether the president is going to actually anger some of his liberal team by making those commitments on...
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Jan 16, 2013
01/13
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think is the most important problem facing the country, this was an open ended question at the top, economy in general at 21%, goes down to the federal budget deficit, dissatisfaction with government, unemployment, taxes, all the way at the bottom is gun. >> the web video which targets basically the president's children, who have secret service protection, as all children of presidents. over the line? >> based on this poll, he should have been apologizing for those children to breaking their piggy banks to pay for the national debt. that's what americans are concerned about. >> i'm asking you about the web video. >> because his children -- >> which children? >> children he had there on display, because his children, his own children, are well protected. joe biden opened up by saying that schools should be a sanctuary. well, he must have this confused, because the president's girls do go to a sanctuary, well-armed there, but most american kids are not protected at all. >> you don't think the president's children should be off limits? >> i think she should be protected and i think our childre
think is the most important problem facing the country, this was an open ended question at the top, economy in general at 21%, goes down to the federal budget deficit, dissatisfaction with government, unemployment, taxes, all the way at the bottom is gun. >> the web video which targets basically the president's children, who have secret service protection, as all children of presidents. over the line? >> based on this poll, he should have been apologizing for those children to...
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Jan 20, 2013
01/13
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FBC
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in the tough economy-- >> but the union job growth much. >> i'm going to stick to topic, but i don't want people to think because it's a right to work state. i'm telling you, it's not. and for a guy that's been at a couple of protests and strikes, my dad was a union guy i'm a big supporter of unions, particularly private sector unions, not public sector unions. >> neil: that's the point on the message, is why we have a stark correlation between non-- nonunion factory jobs growing, and union factory jobs. >> in a tough economy those jobs pay more than the $3 an hour you get when you're a nonunion worker and those jobs get cut first. >> neil: adam, what do you think of that. >> well, i don't think it's any shocker, first of all, that as we've already been saying that there's been a shift. this shift has been going on for a long time. and we could, at some point we'lltick a fork in the unions because clearly, they're dwindling. having said that, there's also no shock that these organizations are going to act in their self-interest. we could do whole shows on other sectors of the economy
in the tough economy-- >> but the union job growth much. >> i'm going to stick to topic, but i don't want people to think because it's a right to work state. i'm telling you, it's not. and for a guy that's been at a couple of protests and strikes, my dad was a union guy i'm a big supporter of unions, particularly private sector unions, not public sector unions. >> neil: that's the point on the message, is why we have a stark correlation between non-- nonunion factory jobs...
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Jan 14, 2013
01/13
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is this going to impact the broad economy and the earnings season, do you think? >> i guess this whole political thing is -- these are all the bricks in the wall of worry that equity markets are continuing to climb. i think there's -- you know, we know how to talk about these things, they're out there, they're visible, they're in the media a lot. you know, we follow them i think sometimes like a sport. and so maybe we exaggerate a little bit how much the -- these political match nations -- i don't know i don't want to minimize them, but i think sometimes we miss the point there are really good companies out there who figured out how to make really good money with all this political noise going on. >> and yet, greg, so many potholes ahead. you know we're going to see a lot of back and forth over raising the debt ceiling. sequestration is still on the horizon now. less than two months away. the continuing resolution. i want you to take a listen to the president's spokesperson this week on the debt ceiling, get your reaction to that. >> sure. >> he will not negotiate
is this going to impact the broad economy and the earnings season, do you think? >> i guess this whole political thing is -- these are all the bricks in the wall of worry that equity markets are continuing to climb. i think there's -- you know, we know how to talk about these things, they're out there, they're visible, they're in the media a lot. you know, we follow them i think sometimes like a sport. and so maybe we exaggerate a little bit how much the -- these political match nations...
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Jan 14, 2013
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the world's number one and number two economies. successful management of this relationship will be one of president obama's most important tasks over the next four years. it's a mission fraught with potential pitfalls as the two powers compete militarily, as well. a little over a year ago, president obama signaled a pivot to asia. >> the united states is a pacific power and we are here to stay. >> a shift in america's attention toward the east. how's it working? brz ski helped to normalize relations with china as jimmy carter's national security adviser. you say the main challenge that the united states faces at a broad level is the shift of power to asia, both a challenge and an opportunity. >> that's correct. i think our policy, historically, has been europe focused. today, the center of political gravity shifted from europe to asia. in the sense that both are now important. we ought to think of our role in asia, not in the fashion because of two world wars, we are compelled to think of it in europe, but more in the fashion that
the world's number one and number two economies. successful management of this relationship will be one of president obama's most important tasks over the next four years. it's a mission fraught with potential pitfalls as the two powers compete militarily, as well. a little over a year ago, president obama signaled a pivot to asia. >> the united states is a pacific power and we are here to stay. >> a shift in america's attention toward the east. how's it working? brz ski helped to...
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Jan 18, 2013
01/13
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WJZ
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economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generator
economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered...
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Jan 20, 2013
01/13
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CSPAN
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things from happening, rather than makingapart from individual issues, whether it is a gun safety or the economy or foreign policy, the challenge is to overcome those obstacles that the of them. host: a call from cincinnati, caller: in a country where even citizens of this country and now we have a black president, i we have a black president, i think we've come a
things from happening, rather than makingapart from individual issues, whether it is a gun safety or the economy or foreign policy, the challenge is to overcome those obstacles that the of them. host: a call from cincinnati, caller: in a country where even citizens of this country and now we have a black president, i we have a black president, i think we've come a
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without actual investment in the economy itself we're not going to see economic growth so just jim let's talk about this piggybacking off of what anthony is saying one of president obama's approach is to fix the economy that's kind of the trickle down economics so we're seeing this huge growth in profits on top on the part of corporations is it trickling down and if it's not why not so you mentioned caterpillar had a record profits and what wasn't mentioned is that caterpillar also instituted wage freezes for a lot of its blue collar workers so even though they're making record profits it doesn't necessarily trickle down now there is there are expectations that there might be more hiring in the future so that still has yet to play out we don't know what this will look like and so. it might not it might be a positive thing in the future but we still have yet to see it play out that if companies don't hold on to their money as reserves that means that they need to be investing in the economy and hiring more workers and you brought up the. the i'm sorry you brought up that that the points a
without actual investment in the economy itself we're not going to see economic growth so just jim let's talk about this piggybacking off of what anthony is saying one of president obama's approach is to fix the economy that's kind of the trickle down economics so we're seeing this huge growth in profits on top on the part of corporations is it trickling down and if it's not why not so you mentioned caterpillar had a record profits and what wasn't mentioned is that caterpillar also instituted...
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Jan 20, 2013
01/13
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FOXNEWS
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offer. >>> we don't think the short term is smart for the economy. two or three months has uncertainty. we are please today see the republicans in the house drop their previous position which was, they were only going to pay the bills they racked up if they got what they wanted in deep spending cuts in medicare and other programs. that is progress. >> reporter: starting a new term president obama has reluctance will ri he is the one politician in washington who does not have to run for reelection. it be interesting to see what he wants to do to try to push big things across the finish line. >> gregg: some say you automatically become a lame duck when you get sworn in which was today. mike, thanks very much. >> heather: well, the gun control debate spilling on the airwaves today where we got new reaction from lawmakers on both sides of the aisle. while gun control advocates and gun enthusiasts can agree on things like background checks but details it can get heated. here is one senator slamming the president's use of executive actions. >> he likes the
offer. >>> we don't think the short term is smart for the economy. two or three months has uncertainty. we are please today see the republicans in the house drop their previous position which was, they were only going to pay the bills they racked up if they got what they wanted in deep spending cuts in medicare and other programs. that is progress. >> reporter: starting a new term president obama has reluctance will ri he is the one politician in washington who does not have to...
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Jan 13, 2013
01/13
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MSNBCW
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> a motorcycle racer pushes the limit, and gets dragged hundreds of yards by a runaway bike. it's june 28th, 1998, legendary show stopper ron cook is to break the land speed record at murak testify in california video grapher mark brazzo is at the starting loon, there to catch what they thinks will be another history-making days for ron cook. he's smashed several records and rarely disappoints. >> i'm seen ron race before. he's very fast on a bike. his book is 200 miles an hour. kawasaki has a nitrous bottle on it. this thing is a market. >> mark watches as ron shoots down the path. it's only later he learns what happens next. ron moves up to fourth gear and hits the nitrous boost button. he's blasting at 175 miles per hour when his front wheel begins to wobble. ron struggles to regain control, but it's a losing battle. he makes
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> a motorcycle racer pushes the limit, and gets dragged hundreds of yards by a runaway bike. it's june 28th, 1998, legendary show stopper ron cook is to break the land speed record at murak testify in california video grapher mark brazzo is at...
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Jan 15, 2013
01/13
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economy? ? i mean, there are lots of perilous things that will kick into place. >> in the short-term, sadly, perversely not so bad. >> right. >> i don't think it's going to have a huge impact on -- short-term. the question is it's a long-term thing, and that's two, three, four, five, ten years out, and that's what you are fighting against. yeah, short-term, i don't think anyone will care. >> nobody goes to fish to decide -- >> why do they rate treasuries? go, fitch. go away, s&p. we know what the interest rates are. that's how people think of debt. >> what we are capable of, and are we -- >> pa what our standing should be and what our rating should be. there's no question. i don't think in the short-term we have any -- and, sadly, that gives no cover to anybody in washington on this issue. >> it does not. well, we will certainly be discussing this in the days ahead. after the break, one of the most glaring examples of what colin powell calls the gop's identity problem is its stance on immigratio
economy? ? i mean, there are lots of perilous things that will kick into place. >> in the short-term, sadly, perversely not so bad. >> right. >> i don't think it's going to have a huge impact on -- short-term. the question is it's a long-term thing, and that's two, three, four, five, ten years out, and that's what you are fighting against. yeah, short-term, i don't think anyone will care. >> nobody goes to fish to decide -- >> why do they rate treasuries? go,...
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Jan 21, 2013
01/13
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MSNBCW
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there are many obstacles on the plate of the president from guns to immigration to the still recovering economy. but generally, for the next 24 hours, it's an opportunity for the president to enjoy this moment again. to rally americans together. this is how he will conclude the first night of his second term. but it begins, again, early tomorrow morning. melissa, the president and his family will be crossing the street from where we are at the residence over to st. john's churng, the church of presidents, it's often called where they will attend services. then he heads over to the c capitol for what he was talking about a moment ago. remarkably, the number is expected to be 600 or 800,000. that's roughly a third of the nearly two million who were here four years ago. his inaugural address tells nbc news earlier today, the president has finished writing those remarks just a couple days ago. jay carney said he didn't know if they were done, but he had seen a lot of yellow pads around the oval office. and finally, tomorrow night, two inaugural balls compared to the ten that they celebrated with ju
there are many obstacles on the plate of the president from guns to immigration to the still recovering economy. but generally, for the next 24 hours, it's an opportunity for the president to enjoy this moment again. to rally americans together. this is how he will conclude the first night of his second term. but it begins, again, early tomorrow morning. melissa, the president and his family will be crossing the street from where we are at the residence over to st. john's churng, the church of...
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Jan 14, 2013
01/13
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i personally believe the presidents that responsibility to protect the economy. and he can't mess around with these republicans who are threatening not to pay the bills of the country. we're not talking about spending. we're talking about paying bills that -- money that has already been spent that we're obligated to pay. there would be a ripple effect globally that would be insurmountable if we don't go down the road of paying the bills. i think the president has to draw the line there and be strong. he's got the people with him. that's the other thing. i think it's important that we focus on that. >> certainly political capital spent from getting re-elected to a second term. gregory, i want to show everybody the letter that ed mentioned that was sent to president obama on friday. in part saying, we believe you must be willing to take any lawful steps to ensure that america does not blake its promises and trigger a global economic crisis. without congressional approval, if necessary. basically recommending the 14th amendment. >> i think two important points here.
i personally believe the presidents that responsibility to protect the economy. and he can't mess around with these republicans who are threatening not to pay the bills of the country. we're not talking about spending. we're talking about paying bills that -- money that has already been spent that we're obligated to pay. there would be a ripple effect globally that would be insurmountable if we don't go down the road of paying the bills. i think the president has to draw the line there and be...
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Jan 20, 2013
01/13
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FOXNEWS
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this is likely to be more subdued out of deference to the economy and national challenges faced by the u.s.a. and the new president there are metrics to show. four years ago there was about 2 million people that showed up. this time around, experts are predicting somewhere between 600,000 to 800,000 so it could be a third of the crowd four years ago. in addition these are not expensive activities trick when you consider he has taken the oath of office and in his second term but they will do in ceremony. last time around it cost $53 million and obama administration raised that money. a lot of money but that was pretty significant amount of cash. this time around, in order to raise something close to it. they changed the rules. no more limitation to private donors, they are using corporate money something that barack obama disdained but that is something he would like to steer clear of. $50,000 cap made it kept to small donors, they have blown that off, too. they are not likely to match the number four years ago, $40-50 million, another time the second time around enthusiasm tends to wan
this is likely to be more subdued out of deference to the economy and national challenges faced by the u.s.a. and the new president there are metrics to show. four years ago there was about 2 million people that showed up. this time around, experts are predicting somewhere between 600,000 to 800,000 so it could be a third of the crowd four years ago. in addition these are not expensive activities trick when you consider he has taken the oath of office and in his second term but they will do in...
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Jan 21, 2013
01/13
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FOXNEWS
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the economy is sluggish. international challenges put a damper on many things. the president has a lot of work to do and a lot of battles ahead with republicans. they expect it could be significantly smaller. instead of 1.8 four years ago. they lowered the crowd estimates. originally 600 to 800,000. yesterday we were infirmed organizers think maybe closer to 500 to 700. only perhaps a quarter of the size of four years ago. of those here no less enthusiasm. bill, martha. bill: history will show you the beginning of second term, sometimes you get 250, 300,000 at the high end. carl, we'll talk to you later this morning. carl cameron on the mall. martha? martha: people who are here are very enthusiastic and excited to be part of this big day. no doubt that means very tight security here in washington as well. there will be extra air and boat patrols around the city along with checkpoints and metal detectors along the parade route. 2000 police officers from 0 states are helping with security. lined up motorcycles behind us on the parade route. more than 6,000 members
the economy is sluggish. international challenges put a damper on many things. the president has a lot of work to do and a lot of battles ahead with republicans. they expect it could be significantly smaller. instead of 1.8 four years ago. they lowered the crowd estimates. originally 600 to 800,000. yesterday we were infirmed organizers think maybe closer to 500 to 700. only perhaps a quarter of the size of four years ago. of those here no less enthusiasm. bill, martha. bill: history will show...
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Jan 20, 2013
01/13
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CSPAN
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the state of the economy calls for action, bold and swift. we will act not only to create new jobs, but too late and new foundation for growth. -- but to lay a new foundation for growth. we will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. we'll restore science to its rightful place and wield technology's wonders to raise health care's quality and lower its costs. we'll harness harness the sun and the winds and the soil to fuel our cars and run our factories. and we will transform our schools and colleges and universities to meet the demands of a new age. all this we can do. all this we will do. now, there are some who question the scale of our ambitions, who suggest that our system cannot tolerate too many big plans. their memories are short. they have forgotten what this country has already done, what free men and women can achieve when imagination is joined to common purpose and necessity to courage. when the cynics fail to understand -- what the cynics that to understand is
the state of the economy calls for action, bold and swift. we will act not only to create new jobs, but too late and new foundation for growth. -- but to lay a new foundation for growth. we will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. we'll restore science to its rightful place and wield technology's wonders to raise health care's quality and lower its costs. we'll harness harness the sun and the winds and the soil to fuel...
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Jan 21, 2013
01/13
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CNNW
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they deserve a better economy. he's got to show the willingness to work with anybody but also the willingness to work against anybody who stops him from doing a good job. >> isn't that what republicans who say that compromise is a dirty word and it's important to standby your principles. >> i love paul. he's going to try to strike deals with republicans for big picture governance and get things done. run on politics, defeat republicans, don't worry about the nation and do what he wants to do mr. the final two years. that's what paul is getting at. >> i am for striking deals. >> you're for striking republicans. >> i'm for cuts deals but i'm not for saying everybody should come together because here i am. >> when you say ruthless, if a republican member said be ruthless, people would be screaming at you. >> i wasn't quoting. maybe it was ruthless. >> what that means is cutting deals instead of just saying let's reason together, give them something and take something. do the -- >> okay. >> grimy, realistic sometimes u
they deserve a better economy. he's got to show the willingness to work with anybody but also the willingness to work against anybody who stops him from doing a good job. >> isn't that what republicans who say that compromise is a dirty word and it's important to standby your principles. >> i love paul. he's going to try to strike deals with republicans for big picture governance and get things done. run on politics, defeat republicans, don't worry about the nation and do what he...
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Jan 17, 2013
01/13
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CNBC
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first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being conservative thanks to the affordable care act. aka obama care. once that goes into affect in 2014, companies that employ more than 50 full-time workers will need to provide employees with expensive health care coverage or pay $2,000 on to $3,000 penalty. businesses of all sizes are searching for ways to cope with the law, and the easiest way to avoid paying expenses is to hire more temps. see, to qualify for health care coverage under the affordable care act, they are more likely to hire temp employees. you will have try to have fewer than 50 full-time em
first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being...
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Jan 17, 2013
01/13
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MSNBCW
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the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the struggling economy is taking a toll on families. median household income, lower than it was in 2009. 46% millions live below the poverty line. more than four years ago. the federal public debt has increased from $10.6 trillion in january 2009 to $16.4 trillion now. there's the big number same as four years ago. the unemployment rate of 7.8%, though it's down from a high of 10% in october 2009. other figures of the last four years. number of u.s. troops in iraq, dropped from nearly 140,000 to 200. as the president fulfilled the promise to end that w
the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the...